Trade Desk (NASDAQ:TTD) Stock Rating Lowered by Cfra Research

Trade Desk (NASDAQ:TTD) was downgraded by stock analysts at Cfra Research from a “moderate buy” rating to a “hold” rating in a report released on Tuesday,Zacks.com reports.

Several other research analysts have also recently commented on TTD. DA Davidson reduced their price target on Trade Desk from $80.00 to $54.00 and set a “buy” rating for the company in a research report on Monday, November 10th. Rosenblatt Securities decreased their target price on shares of Trade Desk from $64.00 to $53.00 and set a “buy” rating for the company in a research note on Tuesday. Susquehanna dropped their price target on shares of Trade Desk from $135.00 to $85.00 and set a “positive” rating on the stock in a research report on Friday, November 7th. Morgan Stanley decreased their price objective on shares of Trade Desk from $50.00 to $42.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 13th. Finally, Wolfe Research restated an “outperform” rating and set a $45.00 price objective (down from $60.00) on shares of Trade Desk in a research note on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, eighteen have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $65.53.

Trade Desk Stock Down 1.0%

NASDAQ TTD opened at $31.87 on Tuesday. The firm’s 50 day moving average is $37.58 and its 200-day moving average is $50.07. The company has a market capitalization of $15.41 billion, a PE ratio of 36.63, a price-to-earnings-growth ratio of 1.26 and a beta of 1.11. Trade Desk has a 12-month low of $31.83 and a 12-month high of $125.80.

Trade Desk (NASDAQ:TTD) last released its earnings results on Thursday, November 6th. The technology company reported $0.45 earnings per share for the quarter, beating analysts’ consensus estimates of $0.44 by $0.01. Trade Desk had a net margin of 15.72% and a return on equity of 16.00%. The business had revenue of $739.43 million during the quarter, compared to the consensus estimate of $719.11 million. During the same quarter last year, the firm earned $0.41 earnings per share. The firm’s revenue for the quarter was up 17.7% compared to the same quarter last year. As a group, sell-side analysts expect that Trade Desk will post 1.06 EPS for the current year.

Trade Desk declared that its board has authorized a stock buyback plan on Thursday, November 6th that authorizes the company to repurchase $500.00 million in outstanding shares. This repurchase authorization authorizes the technology company to repurchase up to 2.1% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s leadership believes its shares are undervalued.

Hedge Funds Weigh In On Trade Desk

A number of large investors have recently made changes to their positions in TTD. Vanguard Group Inc. grew its holdings in Trade Desk by 27.7% in the 3rd quarter. Vanguard Group Inc. now owns 56,875,852 shares of the technology company’s stock valued at $2,787,486,000 after buying an additional 12,321,000 shares in the last quarter. State Street Corp grew its stake in shares of Trade Desk by 271.1% in the third quarter. State Street Corp now owns 36,354,274 shares of the technology company’s stock valued at $1,781,723,000 after acquiring an additional 26,559,005 shares in the last quarter. Jennison Associates LLC grew its stake in shares of Trade Desk by 17.9% in the second quarter. Jennison Associates LLC now owns 14,267,457 shares of the technology company’s stock valued at $1,027,114,000 after acquiring an additional 2,169,252 shares in the last quarter. Geode Capital Management LLC increased its position in Trade Desk by 52.1% during the second quarter. Geode Capital Management LLC now owns 12,314,817 shares of the technology company’s stock worth $884,860,000 after acquiring an additional 4,218,975 shares during the period. Finally, Brown Advisory Inc. raised its stake in Trade Desk by 2.7% in the 2nd quarter. Brown Advisory Inc. now owns 8,323,522 shares of the technology company’s stock worth $599,212,000 after purchasing an additional 221,228 shares in the last quarter. Institutional investors own 67.77% of the company’s stock.

Trade Desk News Summary

Here are the key news stories impacting Trade Desk this week:

• Positive Sentiment: Rosenblatt cut its price target to $53 but kept a “buy” rating, signaling that at least some sell-side analysts still see meaningful upside despite short-term fallout. Rosenblatt PT Lowered to $53
• Positive Sentiment: Stifel Nicolaus maintained a “buy” rating for TTD while lowering its target from $90 to $74, indicating confidence in the company’s longer-term growth story even after trimming expectations. Optimism for Trade Desk
• Neutral Sentiment: Citigroup lowered its price target to $38 and set a “neutral” rating—this reduces analyst headroom but is not a sell call, so it could cap near-term upside without forcing further downside. Citigroup PT Lowered to $38
• Neutral Sentiment: CFRA earlier reaffirmed a “hold” with a $40 target (which implies upside from current levels), but a subsequent CFRA note on 1/28 is more cautious—mixed messaging that leaves the stock sensitivity elevated. CFRA Hold / PT $40
• Negative Sentiment: The sudden resignation of CFO Alex Kayyal triggered the initial selloff and multiple downgrades; management turnover raises execution and continuity concerns that investors often punish quickly. Why The Trade Desk Fell Yet Again Today
• Negative Sentiment: Market coverage and headlines note TTD hit a new 52-week / one-year low after the news, amplifying downward momentum as stop-losses and momentum traders accelerate selling pressure. TTD Hits New 52-Week Low
• Negative Sentiment: Several outlets summarize the move as sentiment-driven rather than fundamental deterioration, but in the short term the mix of management uncertainty and downward target revisions is weighing on the share price. Why TTD Stock Is Plummeting

Trade Desk Company Profile

The Trade Desk, Inc (NASDAQ: TTD) is a technology company that provides a demand-side platform (DSP) for programmatic digital advertising. Its platform enables advertisers, agencies and other buyers to plan, purchase and measure ad inventory across digital channels, including display, video, mobile, audio, native and connected TV. By centralizing real‑time bidding, audience targeting and inventory access, the company aims to help clients optimize media spend and reach audiences at scale across publishers and ad exchanges.

Founded in 2009 by Jeff Green and Dave Pickles, The Trade Desk grew from a focus on programmatic display into a global ad‑tech provider.